BE11.6 (LO 3), AP Basse Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1 . The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. E11.4 (LO 2), AP Sagan Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $9,000. E11.9) (LO 3), AP On January 1, Graves Corporation had 60.000 shares of no-par common stock issued Jourmalize cavh dividends and indicate and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred, Apr. 1 Issued 9,000 additional shares of common stock for $11 per share. June 15 Declared a cash dividend of \$1.50 per share to stockholders of record on June 30. July 10 Paid the $1.50 cash dividend. Dec, 1 I Issued 4,000 additional shares of common stock for $12 per share. 15 Declared a cash dividend on outstanding shares of $1.60 per share to stockholders of record on December 31 . E11.4 (LO 2), AP Sagan Co. had these transactions during the current period. June 12 Issued 80.000 shares of $1 par value common stock for cash of $300,000. July 11 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Nov, 28 Purchased 2,000 shares of treasury stock for $9,000. Instructions Prepare the journal entries for the Sagan Co. transactions